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Facebook Employs More Blockchain Staff, Blockchain Project Still Unrevealed

Mon, 12/10/2018 - 13:55
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Yuri Molchan
Mark Zuckerberg’s social media giant is looking for five more team members for its blockchain division, from the spheres of marketing to software making
Facebook Employs More Blockchain Staff, Blockchain Project Still Unrevealed
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Recently, in its career section, Facebook announced that there are five vacancies to be filled in its blockchain division.

Specialists are required in the areas of software development, marketing and data science.

Facebook’s ‘blockchain plan’ still unrevealed

Seems like the IT-behemoth still prefers to keep its plans regarding blockchain in secret.

However, it is actively hiring, luring pros with the promises that they will enable billions of people to have things they cannot access right now. The job advert details that the blockchain team of Facebook will work on provisions of objective and fair financial services, new methods of money saving and sharing data.

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When Facebook entered the DLT sphere

The company initially started its DLT division in late spring, when it announced that it simply wants to research the innovative technology. The leader of the team is David Marcus. Earlier, he had been the vice president of the Messenger app. Later on, in June, the company promoted one of its top developers, Evan Cheng, making him head of engineering in the blockchain department.

Reportedly, Facebook’s DLT team had created a separate company which was part of the social media giant. Apparently, its goal is to make the open ledger technology be useful to the company.

Facebook family is getting into blockchain

Earlier, U.Today reported that following Mark Zuckerberg’s interest in blockchain, his sister, Randi, is now also working in the crypto sphere. This summer she was hired by the Huobi crypto exchange to be a member of the Expert Advisory Committee. Earlier, Jihan Wu, the co-founder of Bitmain, joined the Committee as well.  

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at